Most prime mortgage borrowers want the answer to one not-so-simple question: Which mortgage is going to save me the most money if rates pan out as the experts expect? MLN now provides that answer—lickety-split. As part of our new Rate Simulator dashboard page, you'll find a fresh

Job numbers on both sides of the border have thrown rate expectations for a bit of a loop. Nowhere is that more evident than in the 4-year swap market, which we refer to as a rough indicator of base fixed-mortgage funding costs.

Two days into the start of FINTRAC’s requirements for mortgage brokers, it's clear this is going to take some getting used to. The regs (details on those) took effect in the broker channel on Friday. Thanks to all the new anti-bad-guy procedures, brokers have the joy of

The government's mortgage stress test (a.k.a. "MQR") kept borrowers and lenders mostly out of trouble as rates soared from March 2022 to June 2024. It was instrumental in reducing the buildup of overborrowing, at least at federally regulated prime lenders. Now, it's